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To: Giordano Bruno who wrote (59279)8/30/1999 12:46:00 PM
From: pater tenebrarum  Respond to of 86076
 
Tice strikes many as being an extremist...however, his views on the economy and the markets are basically correct. aside from the fact that he has missed out on a big chunk of the bull market by being a perma bear, he has correctly pointed out that the prosperity is based on an incredible credit bubble, which the Fed has allowed to come into being. how much longer this bubble is sustainable may be open to debate - the fact that it is a bubble isn't.